An knowledge of the relevance of free casino chips must be put into its proper context: are the offers of the free chips coming from honest online casinos?
The first online casinos opened a decade ago, and now there are hundreds that can be aquired online. Estimates vary as to the amount of people who gamble online, but recent estimates suggest that a figure of around seven million worldwide would not be too much out. Taking that into account, and with an additional estimate greater than $12 billion spent in online casinos alone (excluding physical land-based casinos), offers of free casino chips may understandably be observed as something of a drop in the ocean.
Add to that the question of whether or not these free chips are being provided by honest online casinos, and we enter a location worth some study or serious research.
Firstly, let us consider what these free casino chips are really worth to the individual online casino player. Free casino chips are of four main types:
No Deposit Bonus. That is simply free money. Honest online casinos will offer free casino chips without strings attached, simply to attract people to play at their virtual tables. There will sometimes be minor strings attached. For example, the casino may ask for credit card details in advance. Always read the terms.
Matching Deposit Bonus. This is where the house will match your deposit. Often this is done in multiples. For example, a 200% bonus will mean that should you were to deposit $100 then the casino would add $200 in free casino chips to your account. Very nice! Especially ideal for new players starting out.
Uncashable Bonus. Here is the so-called ‘sticky’ bonus. This may never be cashed, but its usefulness is based on that fact that it stays in your account and allows you to use the bonus account to ‘leverage’ higher wagers. These free casino chips stay latent in your account simply to allow you to do things which you otherwise could not.
Loyalty Bonus. This is exactly as it sounds. All honest online casinos, and offline ones too, desire to keep your hands on their good returning customers, and will offer loyalty bonuses, including free casino chips, because of this.
Remember that online casinos can afford to do this because they simply do not have the overhead that their brick and mortar land-based counterparts have. Equally, there is no excuse for an online casino Never to be honest for exactly the same reason. They are able to offer free casino chips AND be a genuine online casino in circumstances where their physical equivalents would find the financial burden impossible.
So how do we start identifying which will be the honest online casinos and which are not? Well, a lot has changed because the earliest online casinos set up shop in their offshore locations in 1996. Self-regulation (at best dubious) led to accreditation of bodies like ECOGRA (E-Commerce Online Gaming Regulation and Assurance). Look out also for proof good customer support, positive feedback from online casino forum members and decent helpline facilities. The more honest online casinos will offer you (will actively boast) 24 hour live chat and live email support and also toll-free telephone help. Is there a mailing list you can join to keep in contact with the latest tournaments and special offers? Trust lies at the heart of any subscription process (or people would not subscribe) so that alone is a great indicator of a genuine online casino.
Transparency of accounting systems is another good indicator of honest online casinos. When testimonials are published guarantee that it is from greater than a set of initials, and make certain they have circumstances or country. Free casino chips may be ‘virtual’ in concept, however they are used by real people!
However the best indicator of an honest online casino is by personal recommendation. yoursite.com includes affiliation of such casinos into trusted casino websites and portals. If an offer of free casino chips [http://www.gamble-on-the-internet.com/free-casino-chips-and-honest-online-casinos.htm] is made by an online casino on this type of site then it can oftimes be trusted.